Reliance Global Group, Inc. financial data

Symbol
RELI, RELIW on Nasdaq
Industry
Insurance Agents, Brokers & Service
Location
300 Boulevard Of The Americas,, Suite 105, Lakewood, NJ
State of incorporation
FL
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 7, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 109 % -9.01%
Debt-to-equity 562 % +237%
Return On Equity -340 % -228%
Return On Assets -51.4 % -32.1%
Operating Margin -54.8 % +45.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.87M shares -49.6%
Common Stock, Shares, Outstanding 2.25M shares +703%
Entity Public Float 3.6M USD -53.8%
Common Stock, Value, Issued 193K USD +703%
Weighted Average Number of Shares Outstanding, Basic 1.01M shares +507%
Weighted Average Number of Shares Outstanding, Diluted 1.01M shares +507%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 14.1M USD +2.35%
Revenue from Contract with Customer, Excluding Assessed Tax 14.1M USD +2.35%
General and Administrative Expense 4.22M USD +3.17%
Operating Income (Loss) -7.7M USD +44.6%
Nonoperating Income (Expense) -1.38M USD -136%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -9.07M USD +24.5%
Earnings Per Share, Basic -9.01 USD/shares +89.7%
Earnings Per Share, Diluted -9.01 USD/shares +89.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 979K USD -8.71%
Assets, Current 3.99M USD -8.9%
Property, Plant and Equipment, Net 134K USD -4.35%
Operating Lease, Right-of-Use Asset 1.05M USD +42.3%
Intangible Assets, Net (Excluding Goodwill) 5.42M USD -50.9%
Goodwill 6.69M USD 0%
Other Assets, Noncurrent 21.8K USD +7.39%
Assets 17.3M USD -24.8%
Accounts Payable, Current 937K USD +47.5%
Accrued Liabilities, Current 84K USD +107%
Liabilities, Current 3.57M USD +12%
Operating Lease, Liability, Noncurrent 847K USD +74.9%
Other Liabilities, Noncurrent 959K USD
Liabilities 14.3M USD -9.77%
Retained Earnings (Accumulated Deficit) -48.1M USD -23.3%
Stockholders' Equity Attributable to Parent 3M USD -58.1%
Liabilities and Equity 17.3M USD -24.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -204K USD +80.8%
Net Cash Provided by (Used in) Financing Activities -392K USD -114%
Net Cash Provided by (Used in) Investing Activities -29.4K USD +69.4%
Common Stock, Shares Authorized 118M shares 0%
Common Stock, Shares, Issued 2.25M shares +703%
Common Stock, Par or Stated Value Per Share 0.09 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -626K USD -138%
Interest Paid, Excluding Capitalized Interest, Operating Activities 382K USD +263%
Deferred Tax Assets, Valuation Allowance 14.7M USD +21.8%
Deferred Tax Assets, Gross 14.7M USD +21.8%
Operating Lease, Liability 1.09M USD +41.8%
Payments to Acquire Property, Plant, and Equipment 12.3K USD +83.9%
Lessee, Operating Lease, Liability, to be Paid 1.36M USD +58.6%
Property, Plant and Equipment, Gross 303K USD +8.71%
Operating Lease, Liability, Current 244K USD -14.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 280K USD +82.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 324K USD +1.18%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +49.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 266K USD +207%
Lessee, Operating Lease, Liability, to be Paid, Year Three 250K USD +120%
Deferred Tax Assets, Operating Loss Carryforwards 12.9M USD +23.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 750M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 217K USD +85.2%
Additional Paid in Capital 50.9M USD +10.3%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 534K USD -1.43%
Share-based Payment Arrangement, Expense 12.8K USD -54%
Interest Expense -371K USD -90.3%
Preferred Stock, Par or Stated Value Per Share 0.09 USD/shares 0%